Monthly Archive for March, 2008

: March, 2008

A group of angel investors from Washington, Oregon and California are pumping $2.15 million into Pulse Health, a Portland startup that is developing a handheld device that measures health markers through a breath test. Typically, the company said those markers are measured through blood and urine tests. …

VentureBeat and TechCrunch are both reporting that some Silicon Valley startups are facing cash issues because some of their capital is tied up in auction rate securities, a financial vehicle that companies sometimes use to receive a higher return than money markets. …

Madrona Venture Group has led a $2.25 million venture round in TeachStreet, a Seattle startup that is building an online matchmaking service that connects people who want to learn a skill (piano, skydiving, German, microfinance, etc.) with local experts in those categories. …

Some small shareholders of Audible don’t like the $11.50 per share purchase price that Amazon.com is offering for the Newark, New Jersey provider of digital audio books. But Amazon.com is pushing ahead with the deal, saying today that it has purchased more than 87 percent of the outstanding stock and plans to acquire the rest by Friday afternoon. …